Job Market Monitor
Politics & Policies
Green Transition – IndustriAll Europe’s Just Transition Manifesto (video)
This manifesto is industrial workers’ call to policymakers to ensure a Just Transition. A transition to a green economy that is fair for ALL workers, a transition that does not destroy but preserves and creates good quality jobs. A transition that is anticipated, managed and negotiated with workers for every aspect that concerns them. … Continue reading
Structural Reform in OECD – Labour market reforms with active labour market policies would boost living standards by 21⁄2 per cent
This paper updates the long-term scenarios to 2060 last published in July 2018, with a special focus on fiscal sustainability and risks. In a baseline economic and fiscal scenario, trend real GDP growth for the OECD + G20 area declines from around 3% post-COVID to 1½ per cent in 2060, mainly due to a deceleration … Continue reading
Career Guidance in Canada – The truth is that Canada has a “fail-first” approach
According to the report, Canadian adults use career guidance services at only half the rate (19%) of adults in other OECD countries (39%). How is it that the most educated workforce in the world can be so far behind in career ownership and navigation skills—especially in an era when jobs are changing all the time? The truth … Continue reading
Labour Shortages and Immigration in UK – Too often attitudes seem decided by whether someone is generally for or against immigration
Can the shortages of workers reported by the UK’s food and drink sector be solved by making it easier to hire migrants? How will wages in these sectors change? And is there a conflict between short- and long-term fixes? Alan Manning sets out the trade-offs involved in answering these questions. There are pros and cons … Continue reading
Searching for Maximum Employment in US – Achieving the labor market’s longer-term potential may require a few more years of expansion
How well the economy is progressing toward the Federal Reserve’s goal of maximum employment is reflected in a range of indicators that evolve over time. Beyond the unemployment rate, two key metrics of labor market health are the labor force participation rate and the employment-to-population ratio. The aging of the population is reducing the levels … Continue reading
Individual Learning Accounts – Filling the training gaps
Individual learning accounts can make the right to training tangible for all but EU member states will need to raise their commitment. the commission proposes that member states set up personal accounts, with adequate training entitlements, for all adults of working age. Account owners could receive additional entitlements from their employer or other funders and … Continue reading
Gig Workers and EI in Canada – There is no easy solution
There is no easy solution to the challenge of including gig workers or self-employed workers in Canada’s Employment Insurance (EI) system, according to a new report released by the C.D. Howe Institute. In “Should ‘gig’ Workers be Covered by the EI regime? The Challenges and Pitfalls,” author David Gray casts an evaluative lens on the … Continue reading
Middle Class in Canada – The policy changes required
In the 30 years after World War II there was a remarkable growth in the Canadian standard of living. Average real weekly earnings grew at a rate that more than doubled every 28 years. The typical family not only experienced a steady material improvement, but parents could expect that their children would have double their … Continue reading
Developing new standards for internships – Six principles for the regulation of internships
We suggest six principles to guide the design of new laws for this purpose, or indeed the framing of new international standards. 1. Certain types of internship, however they are labelled by the parties, should attract the same entitlements and protections as an ‘ordinary’ employment relationship. 2. Even if a particular type of internship should … Continue reading
Portable Apprenticeships in UK – A consultation
Apprenticeships are more important than ever in equipping individuals and businesses with the skills they need as we build back better from the coronavirus (COVID-19) pandemic. The UK government wants to make sure apprenticeships reflect modern models of employment for all employers in all sectors. In sectors such as the creative industries, construction and digital, … Continue reading
Federal Minimum Wage in US – It has lost 21% of its value since Congress last raised it
Saturday marks 12 years since the last federal minimum wage increase on July 24, 2009, the longest period in U.S. history without an increase. In the meantime, rising costs of living have diminished the purchasing power of a minimum wage paycheck. A worker paid the federal minimum of $7.25 today effectively earns 21% less than … Continue reading
Teleworking and Labour Laws in Canada – The emphasis should be on removing barriers that inhibit working from home
Many of our labour laws and regulations were established in an earlier era when the economy was vastly different than it is today. Just as technological change has made many of our production procedures and skills obsolete, it is not surprising that many of our labour policies would be obsolete. And just as there is … Continue reading
Middle Class in Canada – The policy changes required
Since 1976, however, the growth in average real weekly earnings has slowed dramatically, and now would take more than 400 years to double. Because housing prices are imperfectly reflected in the Consumer Price Index this understates the stagnation of wages relative to the most significant cost for the Canadian dream. In 1976 the average price … Continue reading
Beveridge Curve and Covid in US – It has shifted substantially outward since the start of the pandemic
The ratio of job vacancies to hiring is at an all-time high, and in line with the hiring difficulties highlighted by many employers. The Beveridge Curve, which captures the negative relationship between the job opening rate and the unemployment rate, has shifted substantially outward since the start of the pandemic. As a result, a given … Continue reading
Unemployment Insurance (UI) System in US – A plan to reform it
The unemployment insurance (UI) system has played an important role in delivering relief during the current pandemic. At the same time, this experience has highlighted the important challenges facing the UI system due to poor and underfunded administrative capacities, too few unemployed workers qualifying for UI benefits, inadequate levels of regular UI benefits, lack of … Continue reading
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